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Cable Update (GBPUSD)

Quoting greengp
{quote} why i am saying my son age 28.5 is a social media buff/ not wrong in the sense of girls/ just business development/i told him yesterday slow down son/ he told me if i slow down i go crazy/ but the father staring at the chart drawing all the hz lines. Love my son as well my daughter

not girls for social media but for self improvement and to make carrier
Quoting xDREx
What do you think? Corrections on Analysis appreciated {image}
double top require double bottom or 3. simple
trade the up weakness it gives you less risk,.
Travellers are right.
Quoting greengp
Sorry guys i just want to share this just in the olden days the computer is to shake on NFP HOUR . NOW A DAYS I AM NOT SEEING THAT
Agreed Green...
I mean, i can remember all sorts of Scenarios around NFP,
as i'm sure you do my friend. I remember there was some of the following:
_ Shut everything down BEFORE 8am EST, -Just Close everything.
_ Then it was the News Svc's Wires that you pay for to get the
news in Milliseconds. _ Then the Robots Set up for it and 'argument
for or against them & people blaming them.
_ Then People would discuss the "Art of the Straddle" and i clearly remember one guy,
Who was on "Live," Saying "Uh-Oh" & Literally Blowing up The Account trading "The Straddle"
& Then they promptly removed his Trading Show that Friday. 'Next Monday it was a new host...
_ Then there was, "Give it 5 min's after the Spike," Then the Big-Players,
Will Certainly Step-In & Push the Spike Hard one way or the Reverse.
Attached Image

_ People Had Daily, Weekly & even Monthly Pivots Out- READY to React to
Whatever the News was.
I'm sure alot of this still happens, but i believe people have ran over to Crypto,
and such & maybe that's just the new game in town, getting all the attention.
I don't know. But your bottom line is right. I used to remember it would roll 150-200 Pips,
on a good or Brutal News Cycle. Good post, and memories bringing this up.
My best Green-

Jeff P.S. Oh, and i forgot- Still happens now; _ People would always blame the Broker,
For their Trade or Bad Trade and you thought that was it & there was "Slippage".
At the time i had my Broker Refund me like $4-5K on a trade. Due to Servers crashing, etc.
-And you had more discussions w/your broker.
Chant the 'Mantra'
Quoting Zircon
{quote} One swallow bird does not make spring.
2 now?
Travellers are right.
Quoting Marbas
{quote} I dont see any trades here. Just an indicator with suppaduppa magical arrows (which repaints I guess). Show your statement so we can see your only winning trades
Yes the arrows repaint but this is no problem unless you don't know how to trade with indicators. I rarely trade GBPUSD but I follow that pair as it's a proxy for the FTSE. Trading a few hours a day is enough for me I'm not glued to charts. However, I took 1 trade today and yesterday morning. I can't wait to see your GBPUSD trades of today and yesterday.
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Quoting greengp
Seems it will be back to pavilion means the m5 pin bar

MUM/ MUM
Inserted Video
Draw m 5 chart top 1.38693 to touch 1.38357 and monitor the chart to see it can bounce to m 5 pin bar . THE TREND LINE
Here we are
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Forecast from DailyFX
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Quoting terpfan2
{quote} agreed green... I mean, i can remember all sorts of scenarios around nfp, as i'm sure you do my friend. I remember there was some of the following: _ shut everything down before 8am est, -just close everything. _ then it was the news svc's wires that you pay for to get the news in milliseconds. _ then the robots set up for it and 'argument for or against them & people blaming them. _ then people would discuss the "art of the straddle" and i clearly remember one guy, who was on "live," saying "uh-oh" & literally blowing up the account trading...
i love u man . I will come up my trading days during work while i was 35 years
Now seeing a falling wedge on 5m chart forming on 1h demand and rising wedge on dxy..

Snuck in a long at 1.37981 at the bottom of the wedge, stop to BE already. Treasuries reacted at psych level 1.6

edit- Out +28

Will re-enter if it retests

Re-enter long at 1.3807, stop to BE asap
Read the tape
Long in at 1.3815 target 1.3865 sl 1.3786
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Play it by beer!!!
A Head and Shoulders pattern than can be seen on the 4hr and daily
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"Salaam" means 'Peace' in Arabic so Salaam to you :)
Quoting mysterio
Now seeing a falling wedge on 5m chart forming on 1h demand and rising wedge on dxy.. Snuck in a long at 1.37981 at the bottom of the wedge, stop to BE already. Treasuries reacted at psych level 1.6 edit- Out +28 Will re-enter if it retests
I need to learn more about your scalp entries! I think it suits my style of trading psychology
Just wonderful/ will be coming back again on wens day
Can go either way long term but for now I think DXY going up
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Quoting BeeTogether
{quote} I need to learn more about your scalp entries! I think it suits my style of trading psychology
Check out my journal, I post all my entries with charts winners and losers. The trades start off pretty crappy in November but they're pretty good now! Happy to answer any Q's

It suits me too I like quick trades

It's just price action, supply/demand, pivots and some fibs
Read the tape
GUYS SWEET SPOTS
Quoting BeeTogether
{quote} Maybe not today...

probably not,
but I am still looking

dolce vita
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Waveskierrob